Teachers Get Added No-Cost Protection with Liberty Mutual’s New Car Insurance Policy

BOSTON, July 30 /PRNewswire/ -- Liberty Mutual, the nation's eighth largest car insurer, today announces its new car insurance policy that provides added coverage and benefits for teachers without increasing the cost. The customized policy is first available to teachers and school administrators in Illinois, Minnesota and Nevada.

"Teachers -- who we celebrate and reward for their commitment to educating our children -- have unique insurance needs," said Greg Gordon, senior vice president of Marketing at Liberty Mutual. "Yet the average teacher's salary isn't even keeping pace with the rate of inflation, so we've created a package of benefits that doesn't stretch their pockets."

Liberty Mutual's customized educators' car insurance policy offering is for full-time teachers and administrators at primary or secondary schools and accredited colleges or universities. The no-additional-cost features include:

-- A Collision Deductible Waiver: The customer's deductible is fully waived if a covered collision loss occurs while traveling on school business.

-- A Comprehensive Deductible Waiver: The deductible is fully waived if the car is vandalized while parked at the school or at a school-sponsored function.

-- Personal Property Coverage: Educational materials or school-owned property stolen from or damaged in the teacher's car are covered at actual cash value up to $2,500, with a $50 deductible.

In addition, teachers and administrators who are members of one of Liberty Mutual's more than 10,000 affinity groups - including more than 1,200 educational partners -- could qualify for an additional discount. To learn about the new teacher's car insurance policy or discount eligibility, contact any local Liberty Mutual office in Illinois, Minnesota or Nevada, or call 1- 888-823-5644.

For information on how teachers can apply for one of 15 master's degree scholarships from Liberty Mutual, or earn a 15 percent discount on graduate professional development courses from Pearson, log onto www.libertymutual.com/teachers.

Liberty Mutual Group

"Helping people live safer, more secure lives" since 1912, Boston-based Liberty Mutual Group is a diversified global insurer and sixth-largest property and casualty insurer in the U.S. based on 2007 direct written premium. Liberty Mutual Group ranks 94th on the Fortune 500 list of largest U.S. corporations, based on 2007 revenue. The company has over 41,000 employees located in more than 900 offices throughout the world.

The eighth-largest auto and home insurer in the U.S., Liberty Mutual (www.libertymutual.com) sells full lines of coverage for automobile, homeowners, valuable possessions, personal liability, and individual life insurance. The company is an industry leader in affinity partnerships, offering car and home insurance to employees and members of more than 10,000 companies, credit unions, professional associations and alumni groups.

SOURCE Liberty Mutual

CONTACT: Glenn Greenberg of Liberty Mutual, +1-617-574-5874, [email protected]